Log In/Sign Up
114 S Lafayette St
North Liberty, IN 46554
J Rayl Sale -Leaseback | North Liberty IN · Industrial Property For Sale
Investment Highlights
- J. Rayl Transport 20-Year Absolute NNN Truck Terminal Sale-Leaseback in North Liberty, Indiana (South Bend-Mishawaka MSA)
- 10% Rent Increases Every 5 Years Provides NOI Growth Over Term & Inflation Hedge
- Corporate Guaranty Backed by Company with 35-Year Operating History, Substantial Assets, and Sizeable Annual Revenue
- Offering Includes Approx. 3.9-Acre Site with 18,540 RBA of Office, Garage, Maintenance & Storage Buildings
- Low Rent Factor - $4/SF NNN Annually on the Building RBA Equating to $23,000/Acre Annually
- Long-Term 20-Year Initial Lease Term & Six, Five-Year Options Thereafter with Continued Rent Increases
Property Facts
Amenities
- Air Conditioning
Utilities
- Gas
- Water
- Heating
Property Taxes
| Parcel Numbers | Improvements Assessment | $184,500 | |
| Land Assessment | $62,000 | Total Assessment | $246,500 |
Property Taxes
Parcel Numbers
Land Assessment
$62,000
Improvements Assessment
$184,500
Total Assessment
$246,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
